About 112 W Merchant Street 2
Prime Property in the Heart of Audubon! A fantastic investment opportunity in Audubon's thriving business district! The property has a 5k per month potential for an annual 10% cap rate. This versatile property features a spacious ground-floor commercial unit with modern black-framed windows that provide excellent visibility and curb appeal. Ideal for a restaurant, caf, or retail space, this unit offers the perfect setting for outdoor seating and heavy foot traffic from nearby businesses. Whether you're launching a new venture or expanding an existing one, this high-exposure location is a turnkey solution for success. Upstairs, a beautifully renovated 2-bedroom, 1-bath residential unit awaits. The open-concept living space boasts a modern kitchen with quartz countertops, a spacious island, and sleek stainless-steel appliances. A charming southern-style porch offers a cozy retreat, perfect for unwinding after a long day. Each unit includes two designated parking spaces at the rear of the property, adding convenience for tenants and business owners alike. Whether you're an investor seeking rental income or a business owner looking for a live/work opportunity, this property offers unmatched flexibility and potential. Don't miss out on this prime Audubon location-schedule your showing today!
Features of 112 W Merchant Street 2
MLS® # | 2560981M |
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Price | $599,000 |
Bathrooms | 0.00 |
Square Footage | 2,080 |
Acres | 0.06 |
Year Built | 1920 |
Type | Commercial Sale |
Sub-Type | Investment |
Status | Active |
Community Information
Address | 112 W Merchant Street 2 |
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City | Audubon Bor |
County | Camden |
State | NJ |
Zip Code | 08106 |
Amenities
Utilities | Electricity Connected, Natural Gas Connected |
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Parking Spaces | 4 |
Parking | Garage, Assigned, On Street |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Forced Air |
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Cooling | Central Air, Ceiling Fan(s) |
Fireplace | No |
# of Stories | 2 |
Has Basement | No |
Exterior
Lot Description | Business District |
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Roof | Flat |
Additional Information
Zoning | COM - 4A |
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Listing Details
Office | BEVERLY LYONS REAL ESTATE AGEN |
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